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ARC Trust Sells Multifamily Property At 11 Rutland Rd Brooklyn For $1.9M

Property Image
SOLD
$1,900,000

New York

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MultiFamily11,808 SF
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Property Image
SOLD

ARC Trust Sells Multifamily Property At 11 Rutland Rd Brooklyn For $1.9M

11 Rutland Rd

See Similar Deals
MultiFamily11,808 SF
Sold
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$160
Total Square Footage:11808 SF
Transaction Type:Sale

The property asset involved in this transaction is a MultiFamily unit located at 11 Rutland Rd in Brooklyn. The sale was finalized for a total price of $1,900,000.00, encompassing a total square footage of 11,808.0.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $1,900,000.00
  • Address: 11 Rutland Rd
  • Market: Brooklyn
  • Square Footage: 11,808.0
  • Seller: ARC Trust

Key individuals involved in the transaction include brokers Moshe Goldberger and Josh Orlander, both representing GFI Realty Services. Their involvement facilitated the successful sale of the property on December 18, 2019.

Players

Moshe Goldberger
17 deals$40M volume
BROKER

Josh Orlander
GFI Realty Services
10 deals$98.9M volume
BROKER

SELLER

Details

SOLD
IMAGE: 12/18/2019 ADDRESS: 11 Rutland Rd MARKET: Brooklyn ASSET TYPE: MultiFamily BROKERS: Moshe Goldberger(GFI Realty Services), Josh Orlander(GFI Realty Services) SELLER: ARC Trust PRICE: $1,900,000.00 SF: 11808.0

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Debt Service Coverage Ratio (DSCR)

0.94x

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Cash Flow (Annual)-$6,750.31
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